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CITY OF ORONO. MINNESOTA
<br />Combined Statement of Revenue, Expenditures, and Changes in Fund Balance
<br />All Governmental Fund Types and Expendable Trust Fund
<br />Year Ended December 31,1998
<br />(with Comparative Totals for Year Ended December 31.1997)
<br />Governmental Fund Types
<br />General
<br />Special
<br />Revenue
<br />Debt
<br />Service
<br />Capital
<br />Project
<br />Revenue
<br />Property taxes S 1,736.021 S S 312.299 S 54,173
<br />Special assessments -—372,456 28,012
<br />Licenses and permits 275,381 ---
<br />Intergovernmental 502,857 50.000 17,000 438,167
<br />Charges for serv ices 1,103,119 ---
<br />Fines and forfeits 76,621 ---
<br />Other
<br />Interest earned on investments 116,715 171,547 203,091 66,802
<br />Rents and refunds 46,591 ———
<br />Miscellaneous 8,123 97,341 29,335 -
<br />Total revenue 3,865,428 318,888 934,181 587,154
<br />Expenditures
<br />Current
<br />General government 833,067 —--
<br />Public safety 1,930,157 —--
<br />Streets 480,074 ---
<br />Parks and recreation 53,792 —--
<br />Recycling 70,840 ---
<br />Miscellaneous 130,402 3,080 --
<br />Capital outlay 81,949 217,068 -895,165
<br />Debt service
<br />Principal retirement --415.000 -
<br />Interest - -375,403 -
<br />Fiscal agent fees and other --67,818 -
<br />Total expenditures 3,580,281 220,148 858,221 895,165
<br />Excess (deficiency) of
<br />revenue over expenditures 285,147 98,740 75,960 (308.011)
<br />Other financing sources (uses)
<br />Bond proceeds (net)-2,400,000 -
<br />Sale of fixed assets 15,332 --
<br />Operating transfers in —128,338 130,000 -
<br />Operating transfers (out)(128,338)(130,0001 --
<br />Total other financing sources (uses)(113,006)(1.662)2,530.000 —
<br />Excess (deficiency) of revenue
<br />and other financing sources over
<br />expenditures and other financing uses 172,141 97,078 2,605,960 (308,011)
<br />Fund balance
<br />Beginning of year 1.784.156 2,950,519 1,867.604 724.311
<br />Residual equity transfers in ----
<br />Residual equity transfers (out)————
<br />End of year S 1.956.297 S 3.047.597 S 4.473.564 S 416.300
<br />S^e notes to financial statements
<br />-20.
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